Surge in Call Options for Central Depository Services: 17,428 Contracts Traded at Rs 1800 Strike

Central Depository Services (India) Ltd (CDSL) has emerged as one of the most active stocks in the capital markets today, with significant trading activity observed in its call options. The stock, currently valued at Rs 1739.8, has seen a notable number of contracts traded, totaling 17,428, which has contributed to a turnover of approximately Rs 2,192.12 lakhs. The options in focus have an expiry date set for June 26, 2025, with a strike price of Rs 1800.
Despite this activity, CDSL has underperformed its sector by 2.15% today, reflecting a 1-day return of -2.70%. In comparison, the sector's return was -0.44%, while the Sensex showed a slight gain of 0.12%. The stock's performance metrics indicate that it is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, yet it remains below the 5-day moving average.

Investor participation appears to be declining, with a delivery volume of 12.02 lakhs on June 10, marking a significant drop of 47.07% against the 5-day average. However, liquidity remains adequate, with the stock being liquid enough for a trade size of Rs 23.79 crore, based on 2% of the 5-day average traded value. Overall, CDSL's trading activity today highlights a complex interplay of market dynamics within the capital markets sector.